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Property profile & analytics
FOR LEASE
Strip malls

1201 Longhorn Rd Fort Worth, TX 76179

20,320 SF 2.14 ac lot Built 2006
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5279377
Property summary
AI-generated overview

The Shops at Longhorn, a single-story Class B retail center in Northwest Fort Worth, Texas, offers exceptional opportunities for businesses seeking high-visibility locations. Built in 2006, this 19,800 square foot center is situated at 1201 Longhorn Road, zip code 76179, in a thriving suburban area. The property is zoned commercial and features two suites, with spaces ranging from a minimum of 1,209 square feet to a maximum contiguous space of 3,000 square feet. Its prime location on Longhorn Road places it in a high-traffic area, surrounded by residential developments and across from a 7-Eleven. Current tenants include Papa Murphy's, Cheers Liquor, Best Donut's, Bar 32, and Art Nails & Spa, creating a vibrant and established commercial environment. This property presents a unique chance to establish or expand your business within a bustling community experiencing significant growth. The property's convenient access and strong tenant mix make it an attractive investment for a variety of retail, medical, professional, and storage businesses. The property is classified as Retail, Office, and Industrial, offering flexibility for diverse business needs.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 20,320 SF
Lot 2.14 ac (93,088 SF)
APN 24234-A-2
UPID US82-5279377
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FUNDATOR Logistics Company
  • Art Nails & Spa Nail Salon
  • Cheer Spirits & Liquor LLC (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Best Donuts Bakery Discount Store
  • Starchy Bros Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$987k
Blend (final) Blend
$840k
Owner & transaction history
Triple Longhorn LLC · 9 yrs held
Triple Longhorn LLC
since 2017
7 recorded transactions
2022
Price N/A
2017
Price N/A
2015
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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